{"id":498487,"date":"2026-03-02T01:55:10","date_gmt":"2026-03-02T01:55:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/498487\/"},"modified":"2026-03-02T01:55:10","modified_gmt":"2026-03-02T01:55:10","slug":"i-dont-pray-for-economic-crisis-but-the-way-were-headed-it-will-happen-kokofu","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/498487\/","title":{"rendered":"\u2018I don\u2019t pray for economic crisis, but the way we\u2019re headed it will happen\u2019 \u2013 Kokofu"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/NewsArchive\/I-don-t-pray-for-economic-crisis-but-the-way-we-re-headed-it-will-happen-Kokofu-2023847?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/03\/13088487.295.jpg\" alt=\"Henry Kwabena Kokofu is a former Member of Parliament for Bantama\" title=\"Henry Kwabena Kokofu is a former Member of Parliament for Bantama\" width=\"295\" height=\"162\" \/> <\/a>Henry Kwabena Kokofu is a former Member of Parliament for Bantama<\/p>\n<p id=\"article-123\"> Former Bantama Member of Parliament and NPP General Secretary aspirant, Henry Kwabena Kokofu, has stirred intense economic debate by claiming that the Ghana Cedi is currently &#8220;overvalued.&#8221;<\/p>\n<p>In a video snippet shared on X on March 1, 2026, Kokofu argued that while he does not wish for financial hardship to befall the nation, the government must be prepared to take a drastic step should a new economic crisis strike.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/NewsArchive\/Boakye-Agyarko-pledges-to-rebuild-NPP-into-election-winning-machine-2023453\" target=\"_blank\" rel=\"nofollow noopener\">Boakye Agyarko pledges to rebuild NPP into \u2018election-winning machine\u2019<\/a><\/p>\n<p>Kokofu\u2019s central argument rests on the belief that the Cedi\u2019s current market strength may not be an accurate reflection of its true value.<\/p>\n<p>He suggested that maintaining an artificially high currency value could leave the economy vulnerable.<\/p>\n<p>\u201cI don\u2019t pray for an economic crisis but the way we\u2019re going it will get there\u2026 and the only solution for the next economic crisis this country would go through is for the government to devalue the currency,\u201d Kokofu stated in the video.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/NewsArchive\/NPP-announces-roadmap-for-internal-elections-2022382\" target=\"_blank\" rel=\"nofollow noopener\">NPP announces roadmap for internal elections<\/a><\/p>\n<p>The timing of Kokofu\u2019s comments is significant, as he is currently vying for the position of General Secretary of the New Patriotic Party (NPP).<\/p>\n<p>Watch video below<\/p>\n<p lang=\"en\" dir=\"ltr\" xml:lang=\"en\">\u201cThe only solution for the next economic crisis this country would go through is for the government to devalue the currency.\u201d<\/p>\n<p>\u2014Former Bantama MP and National General Secretary aspirant for the New Patriotic Party, Lawyer Henry Kwabena Kokofu claims. <a href=\"https:\/\/t.co\/0szgAK7J9T\" rel=\"nofollow\">pic.twitter.com\/0szgAK7J9T<\/a><\/p>\n<p>\u2014 SIKAOFFICIAL\ud83e\udd8d (@SIKAOFFICIAL1) <a href=\"https:\/\/twitter.com\/SIKAOFFICIAL1\/status\/2028052790820393140?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">March 1, 2026<\/a> <\/p>\n<p>VPO\/EB<\/p>\n<p>Mahama, Veep share laughs after Minority presents cocoa pods in Parliament<\/p>\n<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Henry Kwabena Kokofu is a former Member of Parliament for Bantama Former Bantama Member of Parliament and NPP&hellip;\n","protected":false},"author":2,"featured_media":498488,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":{"0":"post-498487","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/498487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=498487"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/498487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/498488"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=498487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=498487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=498487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}